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Altoona, IA NNN Properties for Sale

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Bondurant, IA Des Moines, IA Clive, IA Pleasant Hill, IA Runnells, IA Mitchellville, IA Ankeny, IA West Des Moines, IA
Multi-Tenant Shopping Center
Updated: Apr 13
Multi-Tenant Shopping Center

600 8th St SW, Altoona, IA 50009

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12,080 sqft
12,080‑square‑foot shopping center built in 1997
68.3% current occupancy
Multiple existing tenants
Triple‑net lease structure
Second‑generation retail asset
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Altoona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Industrial Flex Building with Crane
Industrial Flex Building with Crane

700 New York Avenue, Des Moines, IA 50313

$4,200,000
36,430 sqft 2.06 AC lot

Renovated commercial facility with docks, drive-in access, crane system, and secured outdoor storage.

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Single-Tenant NNN Restaurant
Single-Tenant NNN Restaurant

1250 8th Street, West Des Moines, IA 50265

Contact for pricing
4,063 sqft

Single-tenant Mexican restaurant under a triple net lease near Interstate access and West Des Moines amenities.

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Jiffy Lube NNN Property
Jiffy Lube NNN Property

6136 SE 14th Street, Des Moines, IA 50320

Contact for pricing
2,139 sqft

Automotive service property with an absolute NNN lease and nationally recognized Jiffy Lube tenancy.

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Built-Out Restaurant Lease Space
Built-Out Restaurant Lease Space

1600 Valley West Drive, West Des Moines, IA 50266

Contact for pricing
14,129 sqft

Restaurant space includes four party rooms, restrooms, an employee office, a large open area, and a bar area.

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Altoona, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Altoona, IA on our real estate platform. These investment opportunities span a total of 12,080 square feet of properties for sale.

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Demographics Overview

Population 22K
Population Growth (5Y) +12.4%
Median Household Income $90,393
College Educated 41.8%

Taxes & Financing

Tax Rate (average for all types) 1.08%
Property Tax per SF $36.39 per SF
Tax Rate vs County Average 1.34 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

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